HB2417 • 2025

Appropriates moneys to the Oregon Business Development Department to fund Center for Innovative Excellence grants to signature research centers.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Last action: 2025-06-27
Official status: In House Committee
Effective date: Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Appropriates moneys to the Oregon Business Development Department to fund Center for Innovative Excellence grants to signature research centers.

Digest: The Act would fund certain grants to signature research centers.

What This Bill Does

Digest: The Act would fund certain grants to signature research centers.
(Flesch Readability Score: 69.7). [Digest: The Act would require a study of signature research centers set up by the Oregon Innovation Council.
The Act would require a report of the study to be submitted next year.
(Flesch Readability Score: 60.1).] [Requires the Oregon Business Development Department to study signature research centers established by the Oregon Innovation Council.

Limits and Unknowns

This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

2025-06-27 House
In committee upon adjournment.
2025-04-10 House
Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Ways and Means.
2025-04-10 House
Referred to Ways and Means by order of Speaker.
2025-04-07 House
Work Session held.
2025-03-26 House
Public Hearing held.
2025-01-17 House
Referred to Economic Development, Small Business, and Trade.
2025-01-13 House
First reading. Referred to Speaker's desk.

Official Summary Text

<b>Digest: The Act would fund certain grants to signature research centers. (Flesch Readability Score: 69.7).</b>
[<i>Digest: The Act would require a study of signature research centers set up by the Oregon Innovation Council. The Act would require a report of the study to be submitted next year. (Flesch Readability Score: 60.1).</i>]
[<i>Requires the Oregon Business Development Department to study signature research centers established by the Oregon Innovation Council. Directs the department to submit a report of the study to the interim committees of the Legislative Assembly related to economic development no later than September 15, 2026.</i>]
[<i>Sunsets January 2, 2027.</i>]
<b>Appropriates moneys to the Oregon Business Development Department to fund Center for Innovative Excellence grants to signature research centers.</b>
Relating to: Relating to signature research centers.
Current location: In House Committee

Current Bill Text

Read the full stored bill text

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83rd OREGON LEGISLATIVE ASSEMBLY--2025 Regular Session
A-Engrossed
House Bill 2417
Ordered by the House April 10
Including House Amendments dated April 10
Introduced and printed pursuant to House Rule 12.00. Presession filed (at the request of House Interim Committee
on Economic Development, Small Business, and Trade for Representative Daniel Nguyen)
SUMMARY
The following summary is not prepared by the sponsors of the measure and is not a part of the body thereof subject
to consideration by the Legislative Assembly. It is an editor’s brief statement of the essential features of the
measure. The statement includes a measure digest written in compliance with applicable readability standards.
Digest: The Act would fund certain grants to signature research centers. (Flesch Read-
ability Score: 69.7).
[Digest: The Act would require a study of signature research centers set up by the Oregon Inno-
vation Council. The Act would require a report of the study to be submitted next year. (Flesch Read-
ability Score: 60.1). ]
[Requires the Oregon Business Development Department to study signature research centers es-
tablished by the Oregon Innovation Council. Directs the department to submit a report of the study to
the interim committees of the Legislative Assembly related to economic development no later than Sep-
tember 15, 2026. ]
[Sunsets January 2, 2027. ]
Appropriates moneys to the Oregon Business Development Department to fund Center
for Innovative Excellence grants to signature research centers.
A BILL FOR AN ACT
Relating to signature research centers.
Be It Enacted by the People of the State of Oregon:
SECTION 1.
In addition to and not in lieu of any other appropriation, there is appropri-
ated to the Oregon Business Development Department, for the biennium beginning July 1,
2025, out of the General Fund, the amount of $6,000,000 for the purpose of funding Center for
Innovative Excellence grants provided to signature research centers.
NOTE: Matter in boldfaced type in an amended section is new; matter [ italic and bracketed] is existing law to be omitted.
New sections are in boldfaced type.
LC 3184